The break above the 91.70 level for AUD/JPY has helped keep the AUD/USD a little better bid than other pairs in NY trading so far today. The AUD/JPY had remained capped at the 91.70 level on the hourly time frame despite repeated attempts and finally managed to break higher on the back of the better than expected ISM data released earlier.
The AUD/USD still needs to close back above the 0.9345 level to relieve the current bearish focus that is targeting the 0.8770 level.
